sail-world.com
 
 
News Home Video Gallery Photo Gallery

 

Sail-World.com : America's Cup: Competitors Forum breaks up on a promise

America's Cup: Competitors Forum breaks up on a promise

'Oracle Racing and Artemis Racing, as Defender and Challenger of Record have the final say on the rules and conduct for the 34th America’s Cup'    ACEA - Photo Gilles Martin-Raget ©    Click Here to view large photo

The competitors in the 2013 America's Cup met by teleconference today. Sail-World is informed that the meeting broke up without any decisions being reached - partially explained by the fact that the international group was working across various time zones - and for some it was the early hours of the morning.

The meeting is understood to have lasted a couple of hours and was not acrimonious.

Given that there is currently a Protocol in place for the event, a number of teams have purchased AC45's and have active design teams for the AC72 program, and a regatta management and media test event has just been concluded in Auckland, it would seem to most observers that the cornerstones were in place for the 34th match due to be staged in San Francisco in September 2013.

But against that backdrop is the fact the the current Challenger of Record, Club Nautico di Roma recently withdrew, and was replaced by a Swedish club. That decision is believed to be the subject of a yet to be heard complaint to the International Jury, along with some other issues.

At least one of the unannounced/confidential entries has is believed to have dropped out ahead of the time required to pay the first of the Performance Bonds. Others are believed not to have paid the $200,000 bind on the due date at the end of April. That matter too has apparently be sent off to the International Jury. The total teams now to remain in the event stand at 12, with a comment that 10 will participate in the first AC45 event. 15 teams were announced as being entered/filed notices of challenge when entries closed at the end of March. One of those was subsequently not accepted as it did not comply with the 19th century Deed of Gift which governs the conduct of the America's Cup.

As yet there is no announcement made on the television package for either the America's Cup World Series, due to start in Cascais, Portugal from 6-14 August, or the other events in the preliminary series to be sailed this year.

A total of 13 events were programmed for the World Series, which is to be an annual series, usually with seven regattas in a non-America's Cup year. The series is set down to start in the AC45 one design catamarans which have been built in New Zealand, before switching to the AC72's.

Emirates Team NZ and Oracle Racing would seem to be crossing tacks on and off the water ahead of the America’s Cup World Series and Match itself. -  ACEA - Photo Gilles Martin-Raget?nid=84155_©   Click Here to view large photo

Today's meeting was expected to confirm the way forward for the event, but instead broke up with no decisions taken, plenty of solutions on the table, no report of the meeting and no comment on the problems for which the solutions were on offer.

One had it that the AC Regatta and Media Trials in Auckland were such a resounding success that there were several new options for the event which needed to be considered by the Competitors.

Even so, at the heart of the matter seems to be the disparity between the financial state and preparedness of the teams.

On one hand there are the established teams - Oracle Racing, Artemis Racing and Emirates Team NZ. The first two are billionaire backed - without the same sponsor delivery requirement to sponsors as the twice America's Cup winner, Emirates Team NZ. Little is known of the design effort of the first two teams, however Emirates Team NZ has announced a team of 30 designers, who have been on the task since October 2010.

A team that size and having started almost eight months ago, are generally reckoned to be what is necessary to win an America's Cup in 2013.

The other seven to nine teams are believed to be towards the other end of the spectrum, playing catch up in terms of time, and still to put together their funding arrangements - a task made no easier by the lack of announcement on a television package for the America's Cup World Series or the Louis Vuitton Cup and America's Cup itself.

Certainty on the television package would give the teams something definitive to put in front of potential sponsors, and attract vital funding necessary to sign design and sailing teams.

The larger group of teams is believed to be looking to extend time and reduce costs.

Emirates Team NZ is programmed for an event specified in the Protocol without any changes which affect the game materially and leading to a Match in September 2013.

The Challenger of Record, KSSS/Artemis Racing and the Defender Golden Gate Yacht Club/Oracle Racing have the right to decide any changes to the Protocol with out reference to the other parties. Or, if reference was made they could go along with a majority vote, in which Emirates Team NZ could be expected to be in the minority, on anything that represents a material change in the conduct of then event.

From the New Zealander's perspective it seems to be a case of 'heads you win, tails we lose'.

At this stage of the America's Cup, for a team serious about winning, the game should be locked and loaded in terms of finances and resources. For many it's not - and any wriggle room they can get on the Protocol will be grabbed with both hands.

Currently, it is understood that no date has been set for the Competitors' Forum to reconvene.




by Richard Gladwell

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=84155

1:12 AM Tue 31 May 2011 GMT






Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
2013 America's Cup

Related News Stories:

16 Apr 2014  America's Cup: Expected de Ridder penalty should be reduced
14 Apr 2014  America's Cup: Dean Barker's Blog - A sail with the Duke and Duchess
12 Apr 2014  America's Cup: Coutts claims ISAF Jury on a crusade, backs Kiwi report
10 Apr 2014  America's Cup: Two Kiwis escape hometown action in AC45 rules ruckus
03 Apr 2014  34th America's Cup: A Match of three weeks - Part 3 - Under the Pump
01 Apr 2014  34th America's Cup: A Match of three weeks - Part 1 - Regaining time
08 Mar 2014  Fast foils-a conversation with Paul Bieker, part two
03 Mar 2014  America's Cup- Fast foils-a conversation with Paul Bieker, part I
19 Jan 2014  America's Cup: CNN Mainsail Down Under on the state of the Cup
16 Jan 2014  America's Cup: Jobson goes one on one with Jimmy Spithill (Part 5)
MORE STORIES ...

News - USA and the World









































America's Cup Book Review: Winging It - Oracle Team USA's comeback *Feature by Richard Gladwell Sail-World.com/nz,




Rolex China Sea Race 2014 - nip and tuck for IRC honours by RHKYC and Guy Nowell, Sail-World Asia, Hong Kong






















PWA Cold Hawaii World Cup - Massive support from the local community
Les Voiles de St. Barth - Weather factors in + Video
HUD Vision: An interview with Afterguard Marine’s Alex Moret *Feature
ISAF Sailing World Cup Hyeres - US Sailing Team ready for action
Volvo Ocean Race - Dongfeng Race Team first official qualifier
Springtime boat buyers need to take care of a few key things
ISAF Match Race Rankings for 16 April 2014
ISAF Sailing World Cup Hyeres – World’s best to race on French Riviera
Rolex China Sea Race – Fleet off to a clean start
America's Cup: Expected de Ridder penalty should be reduced *Feature
World Youth Sailing Week – Second edition officially presented + Video
Rolex China Sea Race - Sailing classic returns
Les Voiles de St Barth – Fired up for battle
CNN Mainsail Down Under for the 75th JJ Giltinan Trophy - 18ft skiffs
Volvo Ocean Race: North Sails on outfitting the Volvo 65
Image gallery: James Cook High's Royal encounter on Steinlager 2 *Feature
Volvo Ocean Race - Maersk Line named shipping partner
Congressional Cup - Victory for Taylor Canfield and crew
SSV Oliver Hazard Perry joins America's Tall Ship fleet + Video
2014 Halifax – Saint-Pierre Ocean Race
Oyster Regatta Antigua - Glorious conditions prevail on final day   
WWA Pro Card Qualifier - Pro Cards earned at Freedom Wake Park   
Christmas Caribbean Rally - Top class sailors to compete   
Earth Day boater tips   
Anna Tunnicliffe - from CrossFit to Extreme 40's   
Charleston Race Week - Photos by Chris Howell   
Image Gallery: Stratis SL33 flies on the Waitemata   
Audi Melges 20- Sperry Topsider Charleston Race Week - Light final day   
Clipper Round the World Yacht Race - PSP Logistics prepares for USA   
ISAF Sailing World Cup Hyères - Crème of the crop to compete   
Congressional Cup: Luna Rossa makes podium in first event   
Int 14 World Championships 2015 launch new event website   
International Optimist Regatta Clinic and Team Race - Register now!   
Congressional Cup: World top rankers finish that way in Long Beach   
Sperry Top-Sider Charleston Race Week Day 3 finale   
America's Cup: Gino Morrelli outlines the new AC62 design   
Doyle Sails New Zealand signs Andrew Brown as One Design Manager   
America's Cup: Dean Barker's Blog - A sail with the Duke and Duchess *Feature   
29er World Youth Sailing Week Easter regatta - Day 1 and 2 overall   
C Thomas Clagett Jr Memorial Clinic/Regatta - Entries start to roll in   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
X6XL NEW US